August Million Dollar Home Sales Hot for Luxury Homes of Las Vegas

We had strong luxury home sales in the month of August for Las Vegas and Henderson, Nevada. There were a total of 19 luxury homes sold at or over $1 million in August. This compares to just 11 luxury homes sold in August, 2011. Just two of the nineteen sales were distressed or bank owned sales. Sales have steadily improved throughout 2012 as luxury home buyers have recognized that the market bottom is behind us. Our available luxury home inventory has declined. Interest rates are at all time lows. Buyer psychology has improved. The market is finally bouncing back nicely! Below is a summary of the nineteen Las Vegas and Henderson, Nevada luxury homes sold for one million dollars or more in August:

9701 Winter Palace
$1,900,000
1250 Shadow Ln
$1,500,000
15 Wild Ridge Ct
$3,200,000
32 Skybird Ct
$2,550,000
16 Golden Sunray
$1,800,000
55 Quintessa Cir
$3,000,000
36 Grand Corniche
$2,190,000
12 Highland Creek
$1,850,000
1523 Villa Rica
$1,100,000
304 Barcelona
$1,000,000
9660 W Craig Rd
$1,200,000
45 Hawk Ridge Dr
$3,700,000
91 Hawk Ridge Dr
$2,800,000
33 Promontory Ridge
$2,100,000
10880 Willow Hghts
$1,325,000
21 Olympia Hills
$2,075,000
47 Club Vista
$2,800,000
517 Bighorn Ridge
$1,200,000
1505 Foothills Village
$1,085,000

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